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The petitioner's firm was the consumer of electricity under the provisions of the Kerala Electricity Act, 2003. The petitioners are the partners of the erstwhile firm (M/s Softex Industries, Aravanchal) which was engaged in manufacture of coconut fiber. The petitioners availed the electricity connection in the year 1993 and entered into an agreement with the Kerala State Electricity Board Limited on 11/1/1993. The petitioners were guarantor of the agreement and they undertook to pay to the Board energy charges subject to the minimum amount specified in the schedule appended in the agreement, which would be equal to 15 % of the estimated capital cost or the actual cost of work including 10% establishment charges for a minimum period of 10 years or such other period as the Board may fix from time to time, with or without notice.